Abercrombie & Fitch Co (ANF) 20 Days SMA touches 8.58%: The odds favor the bear

On Friday, Abercrombie & Fitch Co (NYSE: ANF) opened higher 7.36% from the last session, before settling in for the closing price of $141.57. Price fluctuations for ANF have ranged from $71.14 to $196.99 over the past 52 weeks.

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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 4.27%. Company’s average yearly earnings per share was noted 66.62% at the time writing. With a float of $50.12 million, this company’s outstanding shares have now reached $50.50 million.

Let’s determine the extent of company efficiency that accounts for 31700 employees. In terms of profitability, gross margin is 64.6%, operating margin of 10.52%, and the pretax margin is 14.59%.

Abercrombie & Fitch Co (ANF) Insider Activity

A key investor’s attitude towards the stock of the Apparel Retail industry is another important factor to consider. The insider ownership of Abercrombie & Fitch Co is 1.89%, while institutional ownership is 101.15%. The most recent insider transaction that took place on Sep 06 ’24, was worth 2,501,264. In this transaction EVP;Chief Digital&Tech Officer of this company sold 19,041 shares at a rate of $131.36, taking the stock ownership to the 27,985 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Director sold 4,292 for $132.52, making the entire transaction worth $568,789. This insider now owns 19,800 shares in total.

Abercrombie & Fitch Co (ANF) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 7/31/2024, the company posted 1.83 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.11) by 0.72. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.29 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 66.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.00% during the next five years compared to 41.99% growth over the previous five years of trading.

Abercrombie & Fitch Co (NYSE: ANF) Trading Performance Indicators

Check out the current performance indicators for Abercrombie & Fitch Co (ANF). In the past quarter, the stock posted a quick ratio of 0.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.79. Likewise, its price to free cash flow for the trailing twelve months is 15.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.43, a number that is poised to hit 2.39 in the next quarter and is forecasted to reach 10.92 in one year’s time.

Technical Analysis of Abercrombie & Fitch Co (ANF)

Looking closely at Abercrombie & Fitch Co (NYSE: ANF), its last 5-days average volume was 1.57 million, which is a drop from its year-to-date volume of 1.67 million. As of the previous 9 days, the stock’s Stochastic %D was 46.26%. Additionally, its Average True Range was 6.70.

During the past 100 days, Abercrombie & Fitch Co’s (ANF) raw stochastic average was set at 49.09%, which indicates a significant decrease from 87.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.61% in the past 14 days, which was lower than the 58.94% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $142.73, while its 200-day Moving Average is $143.64. However, in the short run, Abercrombie & Fitch Co’s stock first resistance to watch stands at $155.01. Second resistance stands at $158.04. The third major resistance level sits at $161.58. If the price goes on to break the first support level at $148.44, it is likely to go to the next support level at $144.90. Should the price break the second support level, the third support level stands at $141.87.

Abercrombie & Fitch Co (NYSE: ANF) Key Stats

There are currently 51,079K shares outstanding in the company with a market cap of 8.33 billion. Presently, the company’s annual sales total 4,281 M according to its annual income of 328,120 K. Last quarter, the company’s sales amounted to 1,134 M and its income totaled 133,170 K.